Industry News

Audacy CEO Kelli Turner, in an internal memo, notes that "to better capture opportunities, scale success, and sharpen our competitive edge," the privately held company with majority ownership held by Soros Fund Management is establishing a regionalized sales organization. The Market Manager post is being erased.

Two of the nation's largest owners of broadcast radio stations will be a bit tardy with their annual 10-K filings with the Securities and Exchange Commission, as each have filed for extensions — for very different reasons.

It's complicated. Yet, MediaCo President/CEO Albert Rodriguez insists the parent of Estrella Media and iconic N.Y. radio stations WBLS and WQHT "HOT 97" is in "growth mode" and will continue to be — even with a bit of a debt cloud growing greyer over the company largely backed by Standard General and Blackrock. 

He's been the Chairman and President/CEO of Skyview Networks, the national radio advertising organization, since April 2019, and before that spent many years at the former ABC News Radio enterprise, starting as a News Writer in 1986. Now, he's taking on full ownership of Skyview, Streamline Publishing has confirmed.

It's a Class B radio station that's been silenced since mid-January under Special Temporary Authority with the FCC, after iHeartMedia concluded its lease of the AM and declined to acquire it. Now the licensee of this Northern Virginia facility that signed on as WAGE-AM is poised to have a new owner.

An informal objection to the license renewal of a Greenwood, Miss., radio station filed by Larry Fuss has been denied, clearing the way for the licensee to obtain that important authorization. For that to happen, however, a Consent Decree between the station owner and the Commission was signed.

Can traditional media companies afford to pay more for the NFL with the continued pressures on linear television? That vitally important question to broadcast TV station ownership groups was tackled in a new investor report by MoffettNathanson Senior Analyst Rob Fishman.

The latest retransmission consent dispute has ticked off South Florida hockey fans, in particular, as Comcast's Xfinity MVPD pulled by law all Scripps TV stations from its lineup due to the lack of a fresh carriage contract. In South Florida, this occurred during the second period of a Florida Panthers game.

WideOrbit’s new cloud-powered platform will broadcast live from the NAB Show floor

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He's spent his entire professional career with iHeartMedia in New York, beginning as a Promotions Assistant with WKTU-FM. Most recently, he's served as Event Director for the company's stations serving the Tri-State Area, taking the lead in bringing high-impact events and listener experiences to fruition. Those efforts have earned Andrew Festo a promotion.